So this is what is called good dilution. I figure this trades down to $5.50 range. No amount of pumping is going to keep this up. Why, after the bell on a Friday. If they have all this franchise money coming in, why do they need $15M in capital? Is franchise growth slower than expected, that they will need to expand with company stores? You did read 3M shares. I bet you the first out the door on Monday!
Wow? Dilution? It never amazes me how people whine about every little thing. I see a company that is expanding its operation. As it expands it may need some addition cash to fund its operations in areas of growth or concept development or even implementing some of the newer concepts. Anyone who takes a knee jerk reaction to the S-3 filing as a dilution play only is really ignorant on how business are managed in this phase. Ignore the noise from these petty and unqualified people. Granted, anyone who thinks a stock moves up every day may be as delusional as our friend the Bucketlist. After all, when a company moves up 100% in a 30 day span - the laws of averages will come into play. In fact, I did take a lighter position too., So to my friend the buckethead - I can only hope his ignorance on this topic actually will back into a slight pull back. Otherwise, I trust there are far more intelligent people here than lunchbucket. What I do enjoy most about people like this are they things they conjure up are really good material for comedy. It would take me months to come up with some of the bone head statements here. I wonder if they really mean what they say? Can they be that ignorant and arrogant?